llowing is a portion of the regression output for an application relating maintenance expense (dollars per month) to usage (hours per week) for a particular brand of computer terminal.

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Following is a portion of the regression output for an application relating maintenance expense (dollars per month) to usage (hours per week) for a particular brand of computer terminal.

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Following is a portion of the regression output for an application relating maintenance expense (dollars per month) to usage (hours per week) for a particular brand of computer terminal.
Excel File: data14-41.xlsx
ANOVA
Regression
Residual
Total
Intercept
Usage
df
1
8
9
6.1092
0.8951
SS
Coefficients Standard Error
0.9361
0.149
1575.76
349.14
1924.90
I
MS
t Stat
F
P-value
Significance F
If your answer is zero, enter "0".
a. Write the estimated regression equation (to 4 decimals).
ŷ =
b. Use a t test to determine whether monthly maintenance expense is related to usage at the 0.05 level of significance (to 2 decimals). Use Table 2 of Appendix B.
t=
p-value=
- Select your answer - the null hypothesis. Monthly maintenance expense - Select your answer -
c. Did the estimated regression equation provide a good fit? Explain. Hint: If
- Select your answer - V because the value of is-Select your answer
related to usage.
is greater than 0.50, the estimated regression equation provides a good fit.
than 0.50.
Transcribed Image Text:Following is a portion of the regression output for an application relating maintenance expense (dollars per month) to usage (hours per week) for a particular brand of computer terminal. Excel File: data14-41.xlsx ANOVA Regression Residual Total Intercept Usage df 1 8 9 6.1092 0.8951 SS Coefficients Standard Error 0.9361 0.149 1575.76 349.14 1924.90 I MS t Stat F P-value Significance F If your answer is zero, enter "0". a. Write the estimated regression equation (to 4 decimals). ŷ = b. Use a t test to determine whether monthly maintenance expense is related to usage at the 0.05 level of significance (to 2 decimals). Use Table 2 of Appendix B. t= p-value= - Select your answer - the null hypothesis. Monthly maintenance expense - Select your answer - c. Did the estimated regression equation provide a good fit? Explain. Hint: If - Select your answer - V because the value of is-Select your answer related to usage. is greater than 0.50, the estimated regression equation provides a good fit. than 0.50.
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